EBanking Germany

New features for the German localization of Mago4’s Financials module.

Edited by Marketing Department

Bank reconciliation is about verifying that the accounting records correspond to the data on the bank statement; in practice, this means verifying the correspondence between the balance of the general ledger account (with all movements of the bank statement) and the statement of the same account issued by the bank. In Mago4 this function is performed by the Financials module, and is now available for Germany localization.

The improvement dedicated to Electronic Banking Germany includes a feature that allows you to import bank statement files in xml format, according to the Camt52 and Camt53 paths, reconcile bank statements with accounting records and maintain bank statements; the relative control reports are also available.

The reconciliation procedure allows both to generate the journal entries starting from the bank movements communicated by the bank, and to combine them with already entered accounting records. Checklists are also available to verify the actual reconciliation between the bank movements of account statements and the transactions posted in the accounts.

This improvement extends the international reach of the ERP Mago4, the "by vocation" international ERP chosen in over 30 countries around the world. Find out more about the improvement by consulting the release note.




Bills customization

Optimize your corporate image: the tools provided by the Mago4 development platform help you customize the reports.

Edited by Marketing Department

It often happens that even if you work very hard to add the details you want and pay attention to everything being correct in the invoice or a quote, looking at the final result, does the document look exactly like any invoice or offer from a competitor?

Have you ever considered the various opportunities that Mago4 offers to change the default template? Communicating the image of the company activity is important, so we have created a simple and intuitive tool to personalize documents so that they represent who you are as a company.

With Reporting Studio, the sophisticated customizing tool  of Mago4, you can reflect who you are in your invoices and offers to differentiate yourself from others. This is especially important if you want to highlight your brand. The way you present your invoices, in fact, represents you as a company. With Mago4 you can create your invoices even if you are not a graphic designer. You can take photos of your products or your office and add them to the document. In addition to adding images in the header, you can insert your logo to get more sophisticated graphics.

You can choose the colours you want by choosing the one that best suits your bill, or you can opt for a simple design with defined lines and an elegant character. You can create endless types of graphics to customize your invoice based on the period in which it will be sent (Christmas, Easter, etc.). Furthermore, if you print the invoice to envelope it, with Mago4 you can customize it so that the customer's address appears in the letter window and also allows printing or not of the header depending on whether or not you use letterhead.

In the next updates of Mago4 there will also be further news: it will be possible to report the code and the description of the Customer by Item in the sales printed documents, behind the setting of a specific parameter, and it will be possible to manage free notes to be printed if necessary. To know more about the functionalities, please get in touch with your reference reseller, or visit the Mago4 Help Center, where task guides are available.

Stay tuned!




Mago4 2.4.1

Mago4 2.4 Service Pack 1 is dedicated in particular to electronic invoicing services.

Edited by Marketing Department

The main innovations of the first SP for the 2.4 release of Mago4 concern the electronic invoicing, introducing the asynchronous mode to speed up and simplify the process of sending invoices and receiving notifications.

Thanks to the asynchronous mode, the Mago4 client has been relieved of the heavy task of sending invoices, waiting for the outcome of the sending and requesting and receiving the update of documents status.

With the asynchronous management, the Mago4 client transmits in a few moments to the new ESP service (Erp Service Provider) the request to send documents to the Zucchetti Digital Hub. This is true whether it is a single invoice, or whether you are dealing with a massive submission of several documents.

In this way it is possible to immediately carry out any other operation from the client, almost "forgetting" the actual sending of the documents, which will be carried out by ESP after the formal validation of the documents themselves. ESP will also automatically manage the communication with the Digital Hub, in order to accept the handling of documents and update their status. In fact, as soon as received updates on the documents, ESP immediately aligns the Mago database thus making the information available for each client.

It is easy to see that the new Mago4 asynchronous management service involves a decisive optimization of daily operations, because it avoids bottlenecks due to the transmission of invoices with considerable gains in terms of time and productivity.

For more details you can refer to the course of the Mago4 University - Asynchronous Management in Electronic Invoicing, where you will learn a lot about the differences compared to previous versions of the program and the expected features, also becoming familiar with the new ERP Service Provider service and related control systems.

In the same Service Pack numerous other improvements have been made; you can know the details by consulting the reports available on the web portal.




Mago4 Germany

Using the advanced localization for Brazil, Mago4 is able to run the Romaneio document, specifically designed to optimize the delivery of goods.

Edited by Marketing Department

The transportation of goods is a crucial aspect of company's profitability. Knowing how to handle the vast amount of information generated by transport activity is therefore essential to maintain an effective organization, achieve a high level of efficiency and optimize results. This issue has implications in many administrative, production and management sectors, so that every country in the world adopts rules and habits that need to be adapted, in the management of both domestic goods transport and import / export.

As you know, Mago is the ERP with an openness and flexibility that allows to perfectly adapt the management procedures to the reality of many countries; one of the most eloquent localizations is the Brazilian one, for the different characteristics and requirements typical of this nation. In this sense, logistics management is no exception, indeed. In Brazil there is a specific document, called Romaneio, which is one of the cornerstones of the management of information and control of sent goods. In practice Romaneio is a document used by companies to carry out the delivery of goods belonging to different recipients, when it is transported by the same means; it is a document used for transport, which lists the load conveyed.

Thanks to the Romaneio all the information of a given transport is collected in a single document with the aim of facilitating the delivery process, both during transport and during unloading, also helping to simplify the process of inspection of the goods themselves. The use of the Romaneio is also extended to international trade, for transport and customs clearance.

It is easy to understand the utmost importance of its correct management, which helps to prevent errors during deliveries to customers, or even potential theft of goods during transport. Mago, through the Brazil localization, allows you to summarize in the Romaneio the Fiscal Notes issued for several customers, ensuring controllability, quality of service and compliance with local regulations.

This is just one of the features of Mago in the international arena; no coincidence that your ERP is widespread in over 30 countries worldwide thanks to its native characteristics of openness, flexibility and modularity.

Mago4 is the technological partner designed to help your business grow internationally: for more information, fill out the form and you will be contacted back as soon as possible.



31 January 2019

 

Mago4 Germany

In Mago4’s Germany Localization a new feature is coming, that will enrich the Financials area of Mago4 by complying the GOBD accounting standards required in Germany.

Edited by Marketing Department

Germany’s GoBD (“Principles for the proper management and storage of books, records and documents in electronic form, as well as data access”) set out requirements governing the accounting and storage of fiscally significant electronic data and paper documents with reference to the country’s generally accepted accounting principles (GoB).

This means that in Germany, Companies are legally required to export data for all transactions and master data from a fiscal year, and to provide this data to auditors within a reasonable time. The data must be collected in a specific file format, so that it can be imported to the auditor’s audit environment. This procedure is controlled by tax authorities; data that must be exported depends on the requirements for an audit. For example, a typical set of exported data includes master data and transaction tables such as Main accounts, Ledger, Tax codes, Customer, Vendor and Item master data, transactions, Fixed assets…

What does this mean in terms of audit compliance?

In simple terms, a technical solution (the ERP software product) must be designed to comply with the requirements of a tax audit. In cases like these, specific characteristics of the solution suddenly become extremely relevant: that’s why in the latest version of Mago4’s Financials Area, under the Germany localization, a specific functionality named GoBD-Export is implemented. With this new procedure, Mago4 exports the accounting transactions of a given period, in addition to the master data of customers, suppliers, chart of accounts and tax codes.

The GoBD Export procedure will allow the user to export data set of the Accounting tables (Accounting entries and related master data), generating .csv files complete with an index.xml, which the auditor can import and process independently.

The GoBD Export procedure will be present in Services | Financial | Accounting Procedures menu.

To know more about the functionalities, please get in touch with your reference reseller, or visit the Mago4 Help Center, where task guides are available to show GoBD - specific configurations, manage table group for export, and perform the export.




Close Up

Some important updates recently released concern the Digital Communications component for Mago4 and Mago.net, Italian localization.

Edited by Marketing Department

The updates of the Digital Communications for Mago4 and Mago.net contain some improvements for the electronic invoicing, with particular regard to the additional fields required by the Mass Market on the XML layout.

This update provides for a parameterization that allows you to use the Net Price as a Unit Price and, consequently, not to report on the electronic invoice the discount / increase applied to the Unit Value. The choice to hide the discount / increase can be made in general on the parameters of the company or individual customer and affects the XML of all documents subject to electronic invoicing of customers for which the parameterization will be valid.

The component replaces the one already present in Mago4 2.4 and Mago.net 3.14.6, and can be installed according to the procedure described in the HelpCenter.

It is important to remember that installation of the package does not require the updating of vertical or customized modules that may be installed together with the ERP software.

Updates to the Digital Communications component are available in the download area (on the "family" page of the related product) for Mago4 2.4 and Mago.net 3.14.6.

For any information please contact your refernce reseller.



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